#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
K33: The US tariff dispute and budget proposal may trigger fluctuations in the crypto market in June.
PANews reported on June 3 that, according to The Block, K33 analysts warned that the Trump administration's threat of 50% tariffs on the European Union and the advancement of the "One Big Beautiful Bill" (One Big Beautiful Bill) may exacerbate volatility in the cryptocurrency market. The 90-day tariff moratorium will end on July 9, while the budget bill has until July 4 to pass the Senate. Vetle Lunde, head of research at K33, noted that bitcoin has previously retreated from its all-time highs due to tariff rhetoric, indicating that the market is highly sensitive to such policies. In addition, the budget bill pushed by the Republican Party is expected to increase the national debt by $3.8 trillion over the next decade, including tax cuts for businesses and individuals. If passed, its expansionary fiscal policy could boost market sentiment and offset the pressure to reopen tariffs.